OFF MARKET

17 Atlas Street
Newstead TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 114m2
Land area: 725m2
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Last updated 11 Nov 2024
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Property Details for 17 Atlas St, Newstead

17 Atlas St, Newstead is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1963. The property has a land size of 725m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
House
Year Built
1963
Floor Size
114m2
Land Size
725m2
Local Government
Launceston
Lot/Plan
6/113236

Last Listing description (September 2022)

Occupying a sought-after position in one of Launceston's most popular suburbs is this neat three-bedroom brick home. Situated on a generous sized block within walking distance to Newstead shopping hub, Kings Meadows shopping precinct, quality schools, and close to the Launceston CBD, this is a fantastic home in a great location!

17 Atlas Street is light and bright, with plenty of space for the whole family.
The kitchen is practical, functional and equipped with quality appliances,

which flows to the designated dining space. The back door provides access to the undercover alfresco area and spacious, fully fenced rear yard.

The bathroom was renovated in 2018 and still feels brand new! 17 Atlas Street is a set and forget all you have to do is move in!

With a great estimated rental return of $530 - $560 per week, this home is a fantastic investment, first or second home.

Downstairs is currently a rumpus room however could easily be converted into a secondary single drive-in garage space or an office/study if required. There is plenty of storage space in the original garage/workshop area.

Council Rates: $1,599 per annum approx
Water Rates: $1,064 per annum approx

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Property History for 17 Atlas St, Newstead, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$600,000
29 Jul 2022
Listed for Rent
$340/w
05 Oct 2018
  • 29 Jul 2022
    Sold for $600,000
  • 12 Jul 2022
    Listed for Sale Offers Over $595,000
  • 24 Aug 2018
    Listed for Rent $340 / week
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About Newstead 7250

The size of Newstead is approximately 3.9 square kilometres. It has 8 parks covering nearly 15.1% of total area. The population of Newstead in 2011 was 4,968 people. By 2016 the population was 5,366 showing a population growth of 8.0% in the area during that time. The predominant age group in Newstead is 10-19 years. Households in Newstead are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Newstead work in a professional occupation. In 2011, 66.2% of the homes in Newstead were owner-occupied compared with 64.4% in 2016.

Newstead has 2,733 properties. Over the last 5 years, Houses in Newstead have seen a 64.04% increase in median value, while Units have seen a 53.71% increase. As at 31 October 2024:

  • The median value for Houses in Newstead is $715,353 while the median value for Units is $397,028.
  • Houses have a median rent of $520 while Units have a median rent of $390.
There are currently 23 properties listed for sale, and 3 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 106 properties were sold in the past 12 months in Newstead.

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